It takes the average reader 3 hours and 43 minutes to read Principles Of Economics by Dr. Jugnu Khatter Bhatia
Assuming a reading speed of 250 words per minute. Learn more
Politics, geography, sociology, mathematics, engineering, psychology, medicine, law, and business are just a few of the numerous disciplines that economics touches upon. Economic theory focuses on how best to use scarce resources to advance individual and societal objectives. The central concerns of economics include production and employment, health, money and the banking system, investment and savings, government policies on the taxation and spending, industrial organization and regulation, international trade, environmental issues, urbanization. and legal matters (including the design and the enforcement of the property rights). The field of economics equips us with the analytical tools and mechanisms necessary to maximize productivity and minimize waste. Another notion is the "optimal use of the opportunity cost," in which limited resources are used effectively by first determining and then avoiding wasteful alternatives. Profits may be maximized by minimizing opportunity costs. When this idea is used by governments in planning their budgets, economic growth improves. For a nation or a civilization to thrive over the long haul, economic stability is crucial. The study of the economics is crucial for everyone's financial development. While theoretical economics knowledge and comprehension is not strictly necessary, knowing and using sound economic principles is crucial to avoiding financial ruin and making enough money to live comfortably. A knowledge of economics, even rudimentary, aids in profit maximization.
Principles Of Economics by Dr. Jugnu Khatter Bhatia is 217 pages long, and a total of 55,769 words.
This makes it 73% the length of the average book. It also has 68% more words than the average book.
The average oral reading speed is 183 words per minute. This means it takes 5 hours and 4 minutes to read Principles Of Economics aloud.
Principles Of Economics is suitable for students ages 12 and up.
Note that there may be other factors that effect this rating besides length that are not factored in on this page. This may include things like complex language or sensitive topics not suitable for students of certain ages.
When deciding what to show young students always use your best judgement and consult a professional.
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